Remove from Pool | Pangolin (2024)

How to remove liquidity from a Pool

Depending on the Network you are using, the available Pools & Farms will be different. The default chain on Pangolin is Avalanche, check here how to switch networks.

In this example we are adding liquidity to a Pool on the Avalanche Network.

Note: The process is more or less the same on every chain supported by Pangolin. The Compound feature is currently only supported on the Flare, Songbird & Hedera Network.

Unpool your Tokens

Make sure your Wallet is connected to Pangolin.

  1. If you just withdrew your PGL tokens from the Farm, you can remove the liquidity directly from the Pool by following the UI process, simply click on "Remove Liquidity" (Pic26).

  2. Alternatively, open "Your Pools" on the side menu and click on "Remove".

  3. Click on "Approve", "Sign" it on MetaMask, set the amount of PGL and click on "Remove".

  4. Confirm in MetaMask. Done.

Congratulations, you've successfully removed your liquidity from the Pool.

You have now successfully removed the liquidity from the pool and the underlaying assets (PNG-AVAX) have been returned back to your wallet.

Last updated

Remove from Pool | Pangolin (2024)

FAQs

How to remove liquidity from pangolin? ›

Unpool your Tokens

Make sure your Wallet is connected to Pangolin. If you just withdrew your PGL tokens from the Farm, you can remove the liquidity directly from the Pool by following the UI process, simply click on "Remove Liquidity" (Pic26). Alternatively, open "Your Pools" on the side menu and click on "Remove".

How to remove liquidity from a pool? ›

In the Portfolio tab, you have listed only the pools you have liquidity in. After clicking on the Deposit/Manage button, a Manage liquidity form will appear. You want to have selected the Remove liquidity option. Here you can choose the percentage of your provided liquidity to remove.

How much is a pangolin token worth today? ›

The live Pangolin price today is $0.272907 USD with a 24-hour trading volume of $458,577 USD. We update our PNG to USD price in real-time. Pangolin is up 5.16% in the last 24 hours. The current CoinMarketCap ranking is #504, with a live market cap of $59,595,706 USD.

What does remove liquidity mean? ›

There was someone selling shares, and you bought those shares, you took them away. If you press the sell button and it immediately fills, you just sold your shares to a buyer, and again, you took away from the market, you took liquidity out of the market. When you take away liquidity, you have to pay for it.

Is removing liquidity illegal? ›

- Removing liquidity pools or retaining leftover tokens/funds in the pools is not inherently illegal without contractual obligations or representations made to investors stating otherwise.

How to remove money from 1 inch? ›

Navigate to your Wallet and click the Withdraw button. Select the 1INCH wallet in the “Withdraw from” field. Select the withdrawal address or add a new withdrawal address.

How to drain a liquidity pool? ›

Select the pool you want to remove liquidity from. Select “Remove liquidity”. Review the details of your liquidity position. Then enter the percentage amount that you would like to remove.

How do you stop liquidity mining? ›

On the Web app: To remove Liquidity from Liquidity Mining, please go to your Liquidity Mining Page, scroll down until you see "My Liquidity", and then you can on the right side of the pool under "Actions", click "Remove".

How to remove liquidity from Parcl? ›

LPs remove liquidity by redeeming and burning their liquidity tokens. Trading fees are reinvested in the pool and auto compound. Since LPs' liquidity token holdings represent pro rata ownership of a pool, they realize gains and losses by redeeming part or all of their liquidity tokens.

How can we stop pangolin trafficking? ›

Demand Reduction: Decrease demand for pangolin scales and meat through targeted campaigns to consumers and by building relationships with government policymakers. Enforcement: Strengthen agencies that are protecting pangolins and their habitat such as anti-poaching units, aiding customs, and protected area management.

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